Barclays Credit Bureau Day 2026

September 9, 2026

Non-GAAP Disclosure Statement

This presentation contains certain non-GAAP financial measures, including Adjusted EPS, Adjusted EBITDA, and Cash Conversion, which reflect adjustments for certain items that affect the comparability of our underlying operational performance.

Adjusted EPS is defined as net income adjusted for acquisition-related amortization expense of certain acquired intangibles, accrual for legal and regulatory matters related to the 2017 cybersecurity incident, gain on sale of an equity investment, foreign currency impact of certain intercompany loans, acquisition-related costs other than acquisition amortization, income tax effect of stock awards recognized upon vesting or settlement, Argentina highly inflationary foreign currency adjustment, realignment of resources and other costs, antitrust litigation costs and an accrual for a legal settlement

Adjusted EBITDA is defined as consolidated net income attributable to Equifax plus net interest expense, income taxes, depreciation and amortization, and also excludes certain one-time items.

Adjusted Net Income is defined as net income adjusted for certain one-time items.

Free Cash Flow is defined as the cash provided by operating activities less capital expenditures. Cash Conversion is defined as the ratio of Free Cash Flow to adjusted net income.

Local currency is calculated by conforming the current period results to the comparable prior period exchange rates. Local currency can be presented for numerous GAAP measures, but is most commonly used by management to analyze operating revenue without the impact of changes in foreign currency exchange rates.

These non-GAAP measures are detailed in reconciliation tables which are included with our earnings release and are also posted at https://www.equifax.com under "Investor Relations/Financial Results/Non-GAAP Financial Measures."

Other Disclosures

Diversified Markets represents all Equifax businesses excluding Equifax Mortgage businesses.

The term "moat" refers to the protection our company provides to ensure that Equifax data can only be used by customers on a permissioned or

aggregated basis and not blended with public, untrusted sources.

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Non-GAAP & Other Disclosures Statement

EFX.AI and AI4EFX New Gear for Growth and Margin Expansion

STRATEGIC PRIORITIES

Note: This slide contains forward-looking information, including 2026 guidance. Actual results may differ materially from our historical experience and our present expectations or projections. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

(1) Dividend yield based on LTM dividends as of 6/30/26 and EFX stock price as of 6/30/26.

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New EFX Strategic and LT Framework

EFX to acquire Círculo de Crédito for $750M EV... fastest growing credit bureau in Mexico

Returned

$366M cash to shareholders in 2Q26...$300M share repurchases, $66M dividends

EWS Govt signed

$300M+ in ACV in 1H26, $100M+ new

business, $200M+ renewals

EFX Adj EBITDA

Margins up very strong 120 bps ex FICO

Strong 16% NPI Vitality Index...

TWN Indicator share gains

FHFA activated VantageScore… mortgage lenders testing VS 1,500+

STRATEGIC PRIORITIES

PROPRIETARY | 5

Strong 2Q Results… Revenue Up 7% Ex FICO, Adj EPS Up 13%, Adj EBITDA Margin up 120 bps Ex FICO

90%+ EFX Rev from Proprietary and Regulated Data Sources

EFX.AI Innovation Driving Growth

Direct to Consumer

Commercial

Other(1)

90%+

EFX

Revenue

TWN Income & Employment

B2B Core Credit

On Offense with EFX.AI Leveraging Scaled Proprietary EFX Data for Growth & Market Expansion

• EFX Cloud, EFX.AI, global platforms, and proprietary data delivering new global suite of AI-enabled solutions to help customers grow

• Ignite AI Advisor and EFXIQ in market… improving credit policy, risk mgmt and portfolio optimization… returns for customers

• 100% of new models, scores built using EFX.AI… higher performing credit and fraud models

• New addressable market

Note: Based on 2025 revenue plus expected run rate annual revenue from Círculo de Crédito Acquisition

1. Includes data sources such as Incarceration, Identity & Fraud, Alternative Credit Data and others

PROPRIETARY | 6

New EWS Government Wins

~$300M

~$100M New Business

~$200M Renewal

1

~$60M ACV ~$15M ACV ~$10M+ ACV ~$10M ACV

Direct Medicaid Winback

State moving from manual to TWN data

State moving from CMS Hub to Direct Medicaid

Adding SNAP to existing QA functions

Direct Medicaid New Business Income data

Direct Medicaid Winback

~$5M ACV

Other programs

Big $5B TAM… Expect Accelerating Growth in 2027

1. Annual Contract Value

2. Consistent with EWS 3Q26 Government revenue guidance included in EWS Diversified Markets revenue guidance provided on July 21, 2026

PROPRIETARY | 7

EWS Government Deal Pipeline Still Up 2x After Signing

$100M New Business… Strong Momentum for 2027

Talent Revenue

Growth Y/Y

~$300M

~15% CAGR

New Products Driving Growth

• Co-innovating with background screeners

• Blue collar / hourly wage earner products

• Insights incarceration data… monitoring solutions

• Education… college / high school

• Healthcare licences and sanction checks

+HDD

2022 2026G

Big $5B TAM for EWS Talent Revenue Growth

PROPRIETARY | 8

Strong High Double Digit EWS Talent Revenue Growth in 2Q Driven by New Products and Penetration

Active Records

'22-'25

(Millions)

152M

168M

11% CAGR

188M

209M

217M

EWS Records

• EWS only provider with records scale across income and employment attributes

• TWN is the frictionless solution

• Distribution advantage makes EWS preferred records partner… mortgage, government, talent, lending

• 839M total records for trended / historical solutions

• 250M income producing Americans…long runway for growth

SSNs

81M

87M

98M

105M

108M

Long Runway for Records Growth to 250M Income Producing Americans from 108M Current SSNs

PROPRIETARY | 9

Continued Strong EWS Record Growth with Big Runway for Growth

VantageScore Transactions

~2.2M

Up ~3x

~0.8M

Mtg Lenders Using VantageScore

~1,500 Total

~1,400 Total

~1,400

~1300

~300 Total

~250

Mortgage Scores Update

• FHFA directs GSEs to allow all mtg lenders to use VantageScore

• VantageScore priced at $1 to drive conversion… will maintain in 2027

• $1B mortgage industry annual savings opportunity expected to accelerate lender adoption

• ~1,500 lenders testing VantageScore in process flows

• ~2.2M VS transactions in 2Q

  1Q26 2Q26

  ~50

  Apr 26

  ~100

  Jul 26

  VantageScore Only

  ~100

  Aug 26

  • $35M+ annualized margin upside from full VantageScore conversion… ~$400M revenue impact

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Delivered alongside the Equifax Hard & Soft Pull credit report

at no additional fee

Pre-Approval

Full Application

Number Report

The Work

Indicator

Full VOI Report

• Reduces friction early in the process by verifying income at PreQual

  Shopping

  Firm Application

• Streamlines loan processing steps with upfront income data clarity

  Underwriting

  Closing

• Helps lenders move faster from PreQual to close without manual delays

  PROPRIETARY | 12

• Supports better borrower experience by reducing last-minute surprises

• NCTUE - cell phone, utility, pay tv data … deliver 54 attributes along with EFX credit file… insights that are not typically available via traditional credit reports

• Provide visibility to millions of credit invisible consumers

• Enhance the financial profiles of thin, young and unscorable consumers as they complete first mortgage applications

• Help to automate, save time and resources, and streamline the first mortgage process for applicants

NCTUE Attributes

Income Qualify Mortgage PreQual Solution -TWN Indicator

Differentiate EFX Credit File for Pre-Qual… Income Qualify and NC+ Attributes Delivered at No Charge to Drive Share Gain

PROPRIETARY

Auto TWN Indicator

Card TWN Indicator

Deliver alongside the Equifax Soft or Hard Pull credit report for no additional fee.

Shopping / PreQual

Vehicle Selection

TWN Employment Insights PreQual

Improves dealer efficiency with validated identity and verified income upfront

F&I / Deal Closure

TWN Employment Insights F&I

Helps dealers expedite the process for qualified customers using income insights

Loan Funding

Creates a more complete consumer view to support better credit decisions

Deliver alongside the Equifax Hard Pull credit report for no additional fee.

PreScreen / PreQual

TWN Card Solution

KYC & Fraud Check

Improves lender efficiency in collecting verified income information

Credit Decisioning

Creates a more complete consumer view to support better credit decisions

Line Assignment

Loan Funding

Set competitive terms based on a more complete consumer view beyond stated data.

CONFIDENTIAL &

PROPRIETARY | 13

Rolling Out Income Qualify with Card, Auto, P-Loan Credit Files

Signed definitive agreement to acquire Círculo de Crédito for $750M enterprise value…expected to close in 4Q26

Círculo is the 2nd largest and fastest growing credit bureau in Mexico

• Key player in a large, fast-growing Mexican market

  ✓ Strategic, adds Diversified Markets growth

  ✓ Expands INTL footprint

  ✓ Aligned with Bolt-on M&A strategy

  ✓ Large and fast growing Mexican market

  ✓ Leverage EFX Cloud, products, and capabilities

  me✓ Attractive +30% 2025 revenue growth in CC

  ✓ 44% 2025 EBITDA margins accretive to EFX

  ✓ Accretive to Adjusted EPS in Year 1

• Only Mexican credit bureau to operate both consumer and commercial operations

• Strong moat of differentiated proprietary data… leader in alternative data… 2 billion tradelines covering 80 million validated identities

• Strong financial performance with LTM revenue growth +31%(1) and Adj EBITDA Margins 46%(1)... proprietary data and advanced technology driving significant revenue growth with FinTechs

  EFX would accelerate Círculo's Technology, AI, Product and Data Transformation

• EFX Cloud technology and unique proprietary data assets expected to drive Círculo to beco the go-to platform for millions of Mexican consumers… leverage global EFX footprint and technology to drive new products and capabilities in Mexico

• Aligned with EFX bolt-on M&A strategy… strong 31%(1) LTM top-line growth, 46%(1) LTM Adj EBITDA Margins, and attractive valuation

  Círculo

  
  
  

  • Strategic, adds Diversified Markets growth

  • Expands Global footprint

  • Aligned with bolt-on M&A strategy

  • Large and fast growing Mexican market

  • Leverage EFX Cloud, products, and capabilities

  • Strong +31% LTM revenue growth(1)

  • 46% LTM Adj EBITDA Margins accretive to EFX(1)

  • Accretive to EFX Adjusted EPS in Year 1

PROPRIETARY | 14

~$2B+

AI Driving Process Optimization

~60%

Operations

Technology

G&A Sales &

Marketing

Operations

• Moving to autonomous agent model

• Scaling conversation AI and real-time AI across contact centers to drive cost savings and improve speed

• Lift in customer authentication and fulfillment rates

  Technology

• Early benefits in software dev, IT Ops, cybersecurity, and cloud cost optimization

• 50%+ of AI coding at L3 level… agent session, human reviewed

• Agentic AI platform live… moved beyond pilots to autonomous agents

• Agent-native distribution and engineering… data consumed by customers agents at machine speed

Gross Labor Spending(1)

1. Represents gross expense and capital. Gross labor spending is approximately 40% of total EFX spending. ~$2B+ is 2026 Estimate.

   Managing Agent Costs… $150M Cost Savings Over Next Three Years

PROPRIETARY | 15

AI4EFX Driving Operations and Technology Productivity

EFX.AI Productivity Goal Operations

+2x

$75M

$150M(1)

LTFF 2026 Guide Midpoint

1H26

Results

Cloud Foundation Enabling Broad AI4EFX Deployment and $150M Productivity

(1) $150M savings goal reflects planned improvements in AI & overall process productivity efforts, and would impact both capital and expense, The savings is relative to previously expected growth in spending. Portion of savings may be re-invested in accelerating AI initiatives.

PROPRIETARY | 16

AI4EFX Deployment Accelerating Across EFX… Doubled EFX.AI Productivity Goal to $150M

EFX Advantage

• $3B Cloud Investment

• Global Platforms Built Cloud Native in GCP

• Ignite / Interconnect

• Proprietary Data

• 440+ AI Patents

• EFX Agentic AI

Platform

1. Results reflect growth from 2019 to 2025

   Innovation Accelerating(1)

   • Products in NPI funnel up 4x

   • Time to market down ~50%

   • Product launches up 2x

   • Year 3 NPI revenue up ~70%

   • % of products that leverage global platforms up 4x to 90%+

   • ~50% of products contain multiple data sources

   • 100% of new models, scores built using AI

     ~90%+ EFX Revenue from Proprietary Data

     PROPRIETARY | 17

     New EFX Cloud and EFX.AI Driving Innovation, New Products, and Growth

     Strong 16% 2Q Vitality Index

     
     
     

     2026

     Guide ~15%+

     10% LTFF

     EFX.AI Innovation Driving Growth

   • Strong 16% AI-enabled Vitality Index

   • 54 new products launched in 1H26 with AI embedded in product architecture interfacing with customer

   • Ignite AI Advisor… multi-agent system that delivers AI-driven, real time personalized insights and actionable recommendations

   • TWN Indicator for Mortgage, Auto, Card, P-Loan… no additional cost… Mortgage driving share gains… differentiates EFX Credit File

   • 440 AI Patents Unique to EFX

Strong TWN Indicator Momentum in Mortgage, Auto, Card, and P-Loan

Note: Vitality index is percentage of revenue in a given year derived from new product releases over the prior three years and the current year.

Note: This slide contains forward-looking information. Actual results may differ materially from our historical experience and our present expectations or projections. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

PROPRIETARY | 18

LTM LTM LTM 6/30/24 6/30/25 6/30/26

$0.3B

$0.2B

$1.6B

LTM LTM LTM 6/30/24 6/30/25 6/30/26

79%

110%

98%

1. Cash conversion is defined as the ratio of free cash flow (which is defined as cash provided by operating activities less capital expenditures) to adjusted net income.

PROPRIETARY | 19

Repurchased 6.6M Shares LTM 6/30/26 for $1.4B… Cash to Shareholders of $1.6B Represents ~100% of Operating Cash Flow

• EFX proprietary and regulated AI data moat

• 7-10% LT organic revenue growth delivers 50 bps margin expansion / year

• EFX.AI driving product, model, and score differentiation from scaled EFX data

• AI4EFX ramping across EFX… doubled AI driven productivity goal to $150M

• Strong post cloud new product roll-outs with EFX Vitality Index 15%+

• Attractive Circulo bolt-on acquisition

• $1B+ upside in mortgage market recovery

• Strong FCF and return of cash to shareholders

  New EFX

  in 2026

• 11% Revenue

  Growth, 8% Ex-FICO

• 75 BPs Margin Expansion Ex-FICO

• 15%+ Vitality Index

• EFX.AI driving products and productivity

  Confidential and Proprietary - Do Not Distribute

• Bolt-on M&A

Note: Vitality index is percentage of revenue in a given year derived from new product releases over the prior three years and the current year.

Note: This slide contains forward-looking information. Actual results may differ materially from our historical experience and our present expectations or projections. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

PROPRIETARY | 20

NewEFX driving growth, margin expansion, FCF, and cash returns to shareholders

PROPRIETARY | 21